| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Induced Innovation in Italy: An Error Correction Model for the Period 1968-2002
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| Autores: |
Baldi, Lucia
Casati, Dario
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| Data: |
2005-10-06
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| Ano: |
2005
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| Palavras-chave: |
Induced innovation
ECM
Italian agriculture
Research and Development/Tech Change/Emerging Technologies
Q16
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| Resumo: |
In this work we utilise CES approach where factor ratios (mechanical power/labour and fertilizer/land) are regressed on price ratios and efficiency parameters (public and private R&D) to obtain a direct test of the induced innovation in Italian case for the period 1968-2002. Provided that inducement hypothesis implies a long run relationship an error correction model (ECM) is estimated to separate long-run effect, that is technological innovation, from short-run effects, that is factors substitution. The results corroborate the induced innovation hypothesis and underline the importance of private R&D in Italian agriculture.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
18061
http://purl.umn.edu/24590
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| Editor: |
AgEcon Search
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| Relação: |
European Association of Agricultural Economists>2005 International Congress, August 23-27, 2005, Copenhagen, Denmark
Poster Paper
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| Formato: |
13
application/pdf
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